Funding Description
Funding is allocated to the Oakland Unified School District and the Inglewood Unified School District to cover a percentage of the projected budget deficit, after certain conditions have been met to improve the districts fiscal solvency.
Eligibility
Eligible Applicants |
Local educational agencies
|
Required Eligibility Criteria |
Only Oakland Unified School District and Inglewood Unified School District are eligible. |
Other Eligibility Considerations |
Not applicable |
Eligible Grade Level(s) |
Not applicable
|
Eligible Age Level(s) |
Not applicable
|
Funding
Legal Authority |
Education Code sections 42160 and 42161; Provisions 2 and 3 of Item 6100-488 of the Budget Act of 2020 (Chapter 6, 2020) |
Source / Type |
State / Apportionment
|
State Fiscal Year |
2020-21
|
SACS Resource / Revenue Codes |
0000 / 8590
|
Total Available |
$21,781,000
|
Recipient Amount |
$16,009,000 for Oakland Unified School District; $5,772,000 for Inglewood Unified School District
|
Match Requirement |
No
|
Allocation Formula |
Unavailable
|
Important Dates
Date Application Available |
Unavailable
|
Due Date |
Unavailable
|
Expected Notification Date |
Unavailable
|
Additional Information
Application |
Unavailable |
Background |
Unavailable |
Fiscal |
Unavailable |
Funding Results | Res-20: Financial Distress Funding, OU [http://www.cde.ca.gov/fg/fo/r14/findistressoakland20result.asp] |
Other |
Unavailable |
Contacts
Program |
Categorical Allocations and Audit Resolution Office, CAAR@cde.ca.gov
|
Fiscal |
Categorical Allocations and Audit Resolution Office, CAAR@cde.ca.gov
|
Division |
School Fiscal Services Division, 916-327-0538 (phone), 916-327-6157 (fax)
|
Last Modified:
August 20, 2021